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BEIJING, Sept 19- Average new home prices in China’s 70 major cities rose 9.2 percent in August from a year earlier, accelerating from a 7.9 percent increase in July, an official survey showed on Monday. Home prices in the coastal city of Xiamen and inland city Hefei had the biggest surge, rising 43.8 percent and 40.3 percent respectively, from a year ago.

SINGAPORE, Sept 19- Oil prices rose in Asian trade on Monday after Venezuela said that OPEC and non- OPEC countries were close to reaching an output stabilizing deal and as clashes in Libya raised concerns that efforts to restart crude exports could be disrupted. Venezuelan President Nicolas Maduro said on Sunday that a deal between OPEC and non- OPEC countries.

*Focus on BOJ, Fed meetings on Sept 20-21. SINGAPORE, Sept 19- The dollar traded near a two-week high against a basket of major currencies on Monday after U.S. consumer prices rose more than expected in August, bolstering expectations that the Federal Reserve would raise interest rates this year. U.S. short-term interest rate futures are now implying a 55 percent.

MELBOURNE, Sept 19- London copper dropped nearly 1 percent on Monday while London nickel jumped in volatile trade as Chinese markets returned from an extended autumn break. *Shanghai Futures Exchange copper rallied 1.4 percent to 37,160 yuan a tonne. *Business confidence among entrepreneurs in China has picked up for the second quarter in a row in 2016.

Sept 18- TMX Group Ltd, the owner of Canada’s dominant stock exchange, said on Sunday it had not been removed from a major Canadian index run by S
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